Tag: basketball
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NBA’s Giannis Antetokounmpo Invests Up To $110M Into Kalshi
Giannis Antetokounmpo, the Milwaukee Bucks star and former NBA MVP, announced that he’s an investor in the online gambling platform Kalshi. Kalshi, the leading U.S. prediction market by volume, is valued at more than $10 billion, but some warn the sector faces risks of overvaluation amid legal uncertainty. NBA Commissioner Adam Silver said two weeks…
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Canadian Sportsbook PointsBet Could Close Over NBA Bets
Canadian gambling regulators are threatening to shut down an online sportsbook, accusing it of failing to prevent and report suspicious NBA bets. The Alcohol and Gaming Commission of Ontario announced that it plans to suspend PointsBet Canada’s online gambling registration for five days. The regulator charges PointsBet with failing to monitor, detect, document, and report…
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Tennessee Basketball Coach Says Players Could Be Betting On Games
Tennessee basketball head coach Rick Barnes made an eyebrow-raising statement suggesting that his own players could be betting on games. After a hard-fought win over Auburn on Jan. 31, Barnes addressed the media at a press event, where his comments took an unexpected turn: “Some of the passes that we throw, I don’t know what…
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NCAA Players Charged In Point-Shaving Gambling Scheme
Twenty men have been charged in an alleged NCAA basketball point-shaving gambling operation. Prosecutors say the scheme involved: At least 29 college basketball games More than 39 players 17 NCAA Division I programs Schools included in the indictment: Nicholls State, Tulane, Northwestern State, St. Louis, La Salle, Fordham, DePaul, Robert Morris, Southern Miss, North Carolina…
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NBA’s James Harden Partners With MyPrize Gambling Site
NBA star James Harden has signed on as a “premier creator” for the online gambling brand MyPrize, according to an announcement. The company offers U.S.-facing “social” and “sweepstakes” gambling products. It also has an international online casino registered in the offshore gambling hub of Curaçao. MyPrize is also seeking involvement in “prediction-market” gambling through a…
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